Finance Corp International Sells 2,162 Shares of Lesaka Technologies (NASDAQ:LSAK) Stock

March 26, 2026 by InsiderTrades.com

Key Points

Finance Corp International sold roughly $1.38 million of Lesaka Technologies (LSAK) stock across multiple mid‑to‑late March transactions, but its stake fell only fractionally and it still holds about 5.79 million shares (≈$29M).
Lesaka beat quarterly EPS estimates ($0.08 vs. $0.04) but missed on revenue ($93.4M vs. $166M), reports negative net margin/ROE, has FY2026 EPS guidance of 0.260, and carries an average sell‑side rating of "Reduce."
LSAK trades near $5.12 with a market cap of about $430M, 50‑/200‑day moving averages of $4.68/$4.39, and a one‑year range of $3.39–$5.54.

Lesaka Technologies, Inc. (NASDAQ:LSAK - Get Free Report) major shareholder Finance Corp International sold 2,162 shares of the business's stock in a transaction that occurred on Monday, March 23rd. The shares were sold at an average price of $5.03, for a total transaction of $10,874.86. Following the transaction, the insider directly owned 5,788,338 shares of the company's stock, valued at approximately $29,115,340.14. This represents a 0.04% decrease in their position. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Major shareholders that own 10% or more of a company's shares are required to disclose their sales and purchases with the SEC.

Finance Corp International also recently made the following trade(s):

On Wednesday, March 25th, Finance Corp International sold 11,104 shares of Lesaka Technologies stock. The stock was sold at an average price of $5.04, for a total transaction of $55,964.16.
On Tuesday, March 24th, Finance Corp International sold 16,179 shares of Lesaka Technologies stock. The shares were sold at an average price of $5.02, for a total transaction of $81,218.58.
On Thursday, March 19th, Finance Corp International sold 34,607 shares of Lesaka Technologies stock. The shares were sold at an average price of $5.06, for a total transaction of $175,111.42.
On Wednesday, March 18th, Finance Corp International sold 4,819 shares of Lesaka Technologies stock. The stock was sold at an average price of $5.38, for a total transaction of $25,926.22.
On Tuesday, March 17th, Finance Corp International sold 87,041 shares of Lesaka Technologies stock. The stock was sold at an average price of $5.31, for a total value of $462,187.71.
On Monday, March 16th, Finance Corp International sold 27,389 shares of Lesaka Technologies stock. The stock was sold at an average price of $4.94, for a total value of $135,301.66.
On Friday, March 13th, Finance Corp International sold 60,000 shares of Lesaka Technologies stock. The shares were sold at an average price of $4.85, for a total value of $291,000.00.
On Tuesday, March 10th, Finance Corp International sold 24,532 shares of Lesaka Technologies stock. The stock was sold at an average price of $4.64, for a total value of $113,828.48.
On Thursday, March 12th, Finance Corp International sold 2,839 shares of Lesaka Technologies stock. The shares were sold at an average price of $4.68, for a total value of $13,286.52.
On Wednesday, March 11th, Finance Corp International sold 4,235 shares of Lesaka Technologies stock. The stock was sold at an average price of $4.65, for a total value of $19,692.75.

Lesaka Technologies Stock Up 1.0%

LSAK stock opened at $5.12 on Thursday. The company's 50 day moving average is $4.68 and its 200 day moving average is $4.39. The stock has a market cap of $429.67 million, a price-to-earnings ratio of -8.13 and a beta of 0.46. The company has a current ratio of 1.57, a quick ratio of 1.43 and a debt-to-equity ratio of 1.09. Lesaka Technologies, Inc. has a 1-year low of $3.39 and a 1-year high of $5.54.

Lesaka Technologies (NASDAQ:LSAK - Get Free Report) last announced its earnings results on Wednesday, February 4th. The company reported $0.08 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.04 by $0.04. The business had revenue of $93.40 million during the quarter, compared to analyst estimates of $166.00 million. Lesaka Technologies had a negative net margin of 7.87% and a negative return on equity of 28.23%. Lesaka Technologies has set its FY 2026 guidance at 0.260-0.260 EPS. Sell-side analysts predict that Lesaka Technologies, Inc. will post -0.16 EPS for the current fiscal year.

Key Stories Impacting Lesaka Technologies

Here are the key news stories impacting Lesaka Technologies this week:

Neutral Sentiment: Market data shows conflicting short-interest reports (multiple March entries listing 0 shares or NaN changes). These appear to be data or reporting errors and are not actionable by themselves; rely on confirmed filings for a clear short-interest picture.
Negative Sentiment: Major shareholder Finance Corp International sold a series of small blocks of LSAK stock on Mar 23–25 (2,162 shares at $5.03; 16,179 shares at $5.02; 11,104 shares at $5.04). Total proceeds reported ≈ $148k and the sales reduced the insider’s stake by only fractions of a percent; the insider still holds ~5.76M shares valued near $29M. Insider selling can be viewed as a mild negative signal but the small size relative to the holder’s overall position limits the market impact. SEC Filing
Negative Sentiment: Confirmed short-interest data (as of Mar 13) showed an increase to 266,261 shares (up 54.3% from Feb 26), representing ~0.3% of shares outstanding and a days-to-cover around 3.9. Rising short interest can add downward pressure or increase volatility if shorts cover, though 0.3% of float is still a relatively small absolute level.

Institutional Investors Weigh In On Lesaka Technologies

Institutional investors have recently bought and sold shares of the stock. Rathbones Group PLC grew its position in Lesaka Technologies by 6.6% during the 4th quarter. Rathbones Group PLC now owns 3,644,420 shares of the company's stock worth $17,384,000 after acquiring an additional 225,000 shares during the last quarter. Potomac Capital Management Inc. bought a new stake in Lesaka Technologies in the fourth quarter valued at approximately $4,766,000. Barclays PLC boosted its stake in shares of Lesaka Technologies by 13,359.8% during the fourth quarter. Barclays PLC now owns 141,866 shares of the company's stock valued at $677,000 after purchasing an additional 140,812 shares during the period. 9823 Capital L.P. purchased a new stake in shares of Lesaka Technologies during the fourth quarter valued at approximately $94,000. Finally, Citadel Advisors LLC grew its holdings in shares of Lesaka Technologies by 26.4% in the third quarter. Citadel Advisors LLC now owns 18,977 shares of the company's stock worth $79,000 after purchasing an additional 3,959 shares during the last quarter. 24.19% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

A number of equities research analysts have weighed in on LSAK shares. Zacks Research upgraded Lesaka Technologies from a "strong sell" rating to a "hold" rating in a research report on Friday, January 23rd. Wall Street Zen upgraded Lesaka Technologies to a "hold" rating in a report on Saturday, February 14th. Finally, Weiss Ratings reissued a "sell (d-)" rating on shares of Lesaka Technologies in a report on Thursday, January 22nd. One equities research analyst has rated the stock with a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat, the company presently has an average rating of "Reduce".

View Our Latest Stock Report on Lesaka Technologies

Lesaka Technologies Company Profile

(Get Free Report)

Lesaka Technologies, Inc operates as a Fintech company that utilizes its proprietary banking and payment technologies to deliver financial services solutions to merchants (B2B) and consumers (B2C) in Southern Africa. It offers cash management solutions, growth capital, card acquiring, bill payment technologies, and value-added services to formal and informal retail merchants, as well as banking, lending, and insurance solutions to consumers across Southern Africa. The company also engages in the sale of POS devices, SIM cards, and other consumables; and license of rights to use certain technology developed by the company, as well as offers related technology services.